Average Fed Mfg Survey: Average employee workweek: Current (increase vs decrease; diffusion index; percentage points; seasonally adjusted) - United States - FSR - Monthly
This series is part of the dataset: Average Fed Mfg Survey (FetchSeries Research)
Download Full Dataset (.xlsx)Latest updates. Based on an average of regional Federal Reserve manufacturing surveys, the seasonally adjusted diffusion index for average employee workweek stood at 13.4 (share of CEOs seeing a recent increase minus share reporting a decrease) in September 2026, compared to 10.1 in August 2026.
Sample. There are 268 data points in the monthly series shown in the graph above. The series covers the span of time stretching from June 2004 to September 2026.
History. Here are a few statistics calculated on the full sample: the diffusion index hit a trough of -47.8 in April 2020; it achieved a maximum of 23.7 in April 2021; it had a mean of 1.8.
Latest values
| Date | Value - Percentage points |
|---|---|
| 2026-07-31 | 6.27500 |
| 2026-08-31 | 10.0750 |
| 2026-09-30 | 13.4000 |
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Series Metadata
| Field | Value |
|---|---|
| Description | Diffusion index for the question: Did the average employee workweek increase or decrease in the past month? |
| Country | United States |
| Economic concept | Business survey response |
| Data type | Coincident indicator of the business cycle |
| Seasonally adjusted | Yes |
| Deflation method | Not applicable |
| Rescaling | None |
| Measure type | Diffusion index (share of respondents reporting an increase minus share reporting a decrease) |
| Frequency | Monthly |
| Unit | Percentage points |
| Source | FetchSeries Research calculations on Federal Reserve data |
| Source type | Data research lab |
| Data licence | Creative Commons Attribution 4.0 International (CC BY 4.0) + FetchSeries disclaimers |
| Other information | Arithmetic average across 5 regional Federal Reserve manufacturing surveys |
| FSR temporal aggregation code | LM01 |
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